The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.

A growing number of lenders have continued raising pricing in recent weeks, particularly for uninsured terms.

Toronto home prices ticked up after five straight months of declines as Canada-US trade tensions eased and valuations at their lowest point in four years began to tempt ... More

The Greater Toronto Area (GTA) housing market experienced an improvement in affordability in May 2025 relative to the same period a year earlier. With sales down and listings ... More

To lower the upfront cost of buying a new home for young Canadians and spur the construction of new homes across the country, the government is eliminating the Goods and ... More

Ontario’s mortgage delinquency rate soared to record highs in the first quarter of 2025, marking the most severe year-over-year spike in the country and raising red flags ... More

Morguard’s latest Q1 2025 Canadian Economic Outlook and Market Fundamentals report has highlighted ongoing strength in Canada’s multi-suite residential rental ... More

As rates steady and prices dip, expert warns that delay may backfire for first-time buyers

Millions of Canadians are facing retirement with a tough housing choice: downsize or continue to make monthly mortgage payments.

Housing experts are pushing back against a federal cabinet minister’s recent claim that home prices don’t need to go down in order to restore housing ... More

Canadians are about to see a little more money in their pockets, thanks to a new federal tax cut aimed at the middle class.

Sales are plummeting and listings skyrocketing - and there's no end in sight to the nightmare facing investor owners

The number of sales recorded over Canadian MLS® Systems was unchanged (-0.1%) between March and April 2025, marking a pause in the trend of declining activity since the ... More

If you're looking for a rental in Toronto or even an upgrade to a bigger space - now's not a bad time to shop around.

Housing affordability continues to cause distress for potential Canadian homeowners, according to a new CPA Canada-BDO Debt Solutions survey, but the building industry is ... More

Empty office space is filling up - but challenges remain for plenty of office types

The national average asking rent in April was down year-over-year for the seventh straight month at $2,127, marking a decrease of 2.8%.

Unemployment jumped in April, strengthening the case for a June rate reduction

Prime minister Mark Carney has unveiled a sweeping set of reforms aimed at addressing Canada’s deepening housing crisis, including further limits on immigration and major ... More

April home sales followed the regular seasonal trend with an increase relative to March. However, total residential transactions in the Greater Toronto Area (GTA) were down ... More

Some of the lowest fixed mortgage rates have vanished in recent weeks, and lenders are quietly tightening up their variable-rate discounts too.

Scotiabank has revised its interest rate forecast, now predicting the Bank of Canada will deliver three cuts in 2026 as the global economy feels the strain of escalating U.S. ... More

The Bank of Canada held its benchmark interest rate at 2.75% on Wednesday and unveiled two diverging scenarios for the economy, reflecting the unprecedented uncertainty ... More

Housing supply crisis shows little sign of improving

Canadian home sales fell on a month-over-month basis once again in March 2025, as rising tariff turmoil and uncertainty is keeping home buyers on the sidelines.

In an unusual twist in Canada's mortgage market, fixed mortgage rates are on a downward trajectory while variable-rate pricing is tightening. This divergence presents both ... More

Surprise employment figures and trade uncertainty raise odds of another BoC cut within weeks

CMHC-insured loans for multi-unit rental housing have surged in recent years, driven by high interest rates and federal policies aimed at boosting rental supply.

Despite affordability gains, missed payments hit highest rate since early 2021

GTA REALTORS® reported 5,011 home sales through TRREB’s MLS® System in March 2025 – down by 23.1 per cent compared to March 2024. New listings in the ... More